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Uber will soon offer cars on lease to secure more drivers

Uber moves into leasing cars in a bid to get more drivers on its books

By Anthony Garreffa from Jul 30, 2015 @ 23:35 CDT

Uber is scratching to keep up with itself and its continuing demand, so the ridesharing giant has just announced that it is opening up a car-leasing program to people wanting to be Uber drivers.

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The company has worked with Banco Santander in the US previously, but with Uber going in-house for its car leasing, it's an interesting move. Uber hasn't provided anymore details on the new move, such as the financial side of things - you know, like how much the monthly repayment is for would be Uber drivers.

Re/code is reporting that Uber will start leasing cars in California, Georgia and Maryland, but it will quickly expand into other states, and most likely overseas.

NEWS SOURCES:Engadget.com


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